UnitedHealth Group Incorporated $UNH is International Assets Investment Management LLC's 3rd Largest Position

Key Points

• International Assets Investment Management LLC raised its position in UnitedHealth Group by 2.5%, making it the third largest holding in their portfolio, valued at approximately $69.6 million.
• UnitedHealth Group reported earnings of $4.08 per share for the last quarter, which was below analysts' expectations of $4.45, while its revenue year-over-year increased by 12.9%.
• The company recently announced a quarterly dividend of $2.21 per share, yielding approximately 2.5% with a payout ratio of 38.30%.

International Assets Investment Management LLC raised its position in shares of UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 2.5% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 223,224 shares of the healthcare conglomerate's stock after buying an additional 5,436 shares during the quarter. UnitedHealth Group comprises about 3.5% of International Assets Investment Management LLC's investment portfolio, making the stock its 3rd largest holding. International Assets Investment Management LLC's holdings in UnitedHealth Group were worth $69,639,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Nuveen LLC acquired a new position in shares of UnitedHealth Group during the first quarter valued at about $3,846,764,000. Vanguard Group Inc. increased its holdings in shares of UnitedHealth Group by 6.6% during the first quarter. Vanguard Group Inc. now owns 90,729,585 shares of the healthcare conglomerate's stock valued at $47,519,620,000 after acquiring an additional 5,583,343 shares in the last quarter. Wellington Management Group LLP increased its holdings in shares of UnitedHealth Group by 10.6% during the first quarter. Wellington Management Group LLP now owns 25,847,940 shares of the healthcare conglomerate's stock valued at $13,537,859,000 after acquiring an additional 2,486,839 shares in the last quarter. National Bank of Canada FI increased its holdings in shares of UnitedHealth Group by 137.8% during the first quarter. National Bank of Canada FI now owns 1,641,177 shares of the healthcare conglomerate's stock valued at $859,518,000 after acquiring an additional 950,928 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in UnitedHealth Group by 13.6% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 7,070,385 shares of the healthcare conglomerate's stock worth $3,702,736,000 after buying an additional 847,054 shares during the period. 87.86% of the stock is owned by hedge funds and other institutional investors.

UnitedHealth Group Trading Down 0.0%

Shares of NYSE:UNH opened at $356.53 on Friday. UnitedHealth Group Incorporated has a 1 year low of $234.60 and a 1 year high of $630.73. The firm has a market capitalization of $322.90 billion, a price-to-earnings ratio of 15.45, a price-to-earnings-growth ratio of 2.31 and a beta of 0.47. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.85 and a quick ratio of 0.85. The business's 50 day moving average price is $329.38 and its 200-day moving average price is $343.62.

UnitedHealth Group (NYSE:UNH - Get Free Report) last announced its earnings results on Tuesday, July 29th. The healthcare conglomerate reported $4.08 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $4.45 by ($0.37). UnitedHealth Group had a net margin of 5.04% and a return on equity of 23.32%. The business had revenue of $111.62 billion for the quarter, compared to analysts' expectations of $111.75 billion. During the same quarter last year, the business earned $6.80 EPS. The company's quarterly revenue was up 12.9% on a year-over-year basis. UnitedHealth Group has set its FY 2025 guidance at 16.000- EPS. On average, equities research analysts forecast that UnitedHealth Group Incorporated will post 29.54 earnings per share for the current fiscal year.

UnitedHealth Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 23rd. Stockholders of record on Monday, September 15th were given a dividend of $2.21 per share. The ex-dividend date was Monday, September 15th. This represents a $8.84 dividend on an annualized basis and a dividend yield of 2.5%. UnitedHealth Group's dividend payout ratio (DPR) is 38.30%.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Baird R W downgraded shares of UnitedHealth Group from a "hold" rating to a "strong sell" rating in a report on Thursday, July 31st. Cantor Fitzgerald reiterated an "overweight" rating and issued a $440.00 price target on shares of UnitedHealth Group in a report on Tuesday, August 26th. Truist Financial increased their price target on shares of UnitedHealth Group from $310.00 to $365.00 and gave the stock a "buy" rating in a report on Tuesday, September 9th. Zacks Research upgraded shares of UnitedHealth Group from a "strong sell" rating to a "hold" rating in a report on Monday, October 6th. Finally, Barclays raised their price objective on shares of UnitedHealth Group from $352.00 to $386.00 and gave the stock an "overweight" rating in a research note on Thursday, October 9th. Eighteen analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and an average target price of $385.13.

About UnitedHealth Group

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.

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